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Business & Finance

Finance Ministry uncovers 33,000 ghost workers

Kemi Adeosun
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Finance Minister Kemi Adeosun has said the ministry has succeeded in reducing Federal Government’s monthly wage bill from N165bn to N142bn by eliminating 33,000 ghost workers.

Adeosun, represented by the Head of the Efficiency Unit at the Ministry, Mrs. Patience Oniha, at the 2016 Fiscal Liquidity Assessment Committee Retreat, said the ministry had discovered that it could also save money by reviewing government’s procurement processes.

She said that through the Efficiency Unit, the ministry had succeeded in negotiating huge discounts for government officials traveling on local and international flights for official assignments.

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Adeosun said that the ministry had also been able to save cost by banning sitting allowances, souvenirs at government’s functions and unnecessary adverts which had contributed to the high recurrent expenditure in government.

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